Common use of Default Ratio Clause in Contracts

Default Ratio. The Default Ratio shall equal or exceed 3.5% on a rolling three-month average basis.

Appears in 3 contracts

Samples: Loan Agreement (Arvinmeritor Inc), Loan Agreement (Us Xpress Enterprises Inc), Loan Agreement (Arvinmeritor Inc)

AutoNDA by SimpleDocs

Default Ratio. The Default Ratio shall equal or exceed 3.54.50% on a rolling three-month average basisbasis for any Calculation Period.

Appears in 2 contracts

Samples: Loan Agreement (Jarden Corp), Loan Agreement (Jarden Corp)

Default Ratio. The Default Ratio shall equal or exceed 3.52.38% on a rolling three-month average basis.

Appears in 2 contracts

Samples: Loan Agreement (Bowater Inc), Loan Agreement (Bowater Inc)

Default Ratio. The Default Ratio shall equal or exceed 3.56.0% on a rolling three-month average basis.

Appears in 1 contract

Samples: Loan Agreement (Choicepoint Inc)

Default Ratio. The Default Ratio shall be equal to or exceed ------------- 3.5% on a rolling three-month average basis.

Appears in 1 contract

Samples: Loan Agreement (Dixie Group Inc)

Default Ratio. The Default Ratio shall be equal to or exceed 3.55.2% on a rolling three-month average basis.

Appears in 1 contract

Samples: Loan Agreement (Baldor Electric Co)

Default Ratio. The Default Ratio shall be equal to or exceed 3.51.5% on a rolling three-three month average basis.

Appears in 1 contract

Samples: Loan Agreement (Covenant Transport Inc)

Default Ratio. The Default Ratio shall be equal to or exceed 3.58.0% on a rolling three-three month average basis.

Appears in 1 contract

Samples: Loan Agreement (Toro Co)

AutoNDA by SimpleDocs

Default Ratio. The Default Ratio shall equal or exceed 3.52.86% on a rolling three-month average basis.

Appears in 1 contract

Samples: Loan Agreement (Interface Inc)

Default Ratio. The Default Ratio shall equal or exceed 3.55.00% on a rolling three-month average basisbasis for any Calculation Period.

Appears in 1 contract

Samples: Loan Agreement (Jarden Corp)

Default Ratio. The Default Ratio shall be equal to or exceed 3.55.5% on a rolling three-month three (3) Due Period average basis.

Appears in 1 contract

Samples: Loan Agreement (Central Freight Lines Inc/Tx)

Default Ratio. The Default Ratio shall equal or exceed 3.51.5% on a rolling three-month average basis.

Appears in 1 contract

Samples: Loan Agreement (Oxford Industries Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.